First Financial promotes David Bailey to CEO; Dueser becomes Executive Chairman

FIRST FINANCIAL BANKSHARES INC

David Bailey, age 42, named President and CEO of First Financial Bankshares and First Financial Bank, effective February 1, 2026.
Bailey has 22 years with the company, rising from teller to President; served as President since Jan 2025.
F. Scott Dueser transitions to Executive Chairman through 2028 annual meeting under a transition agreement.
Dueser's base salary set at $1.105M in 2026, $772,500 in 2027, $400,000 in 2028; eligible for equity awards and incentive bonuses.
Outgoing CEO Dueser will serve in an advisory role and report to the board during the transition period.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.